Stone Harbor Real Estate Activity Update for August 3 to August 15, 2009
Stone Harbor Real Estate Activity Update for August 3rd to August 15,2009.
There are currently 115 single family homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $6,500,000 for a new beach front home at #1 105th street .
Average list price is $2,233,878 and average time on market is 321 days.
There are seven single family homes currently Under Contract in Stone Harbor.
1- 236 95th street, a 5 bedroom,4 bath home on a 62.5x110 lot which was listed at $1,395,000 ,goes to settlement on 9/2/2009
2-306 94th street, a 5 bedroom,4 bath home on an oversize 70x110 lot,listed at $1,795,000 goes to settlement 8/28/2009
3-8901 First Avenue, a 5 bedroom ,2 bath home on a corner 60x110 lot.listed at $1,895,000, goes to settlement 8/6/2009
4- 134 87th street, a 5 bedroom,5 bath home on a 50x110 lot,listed for $2,825,000,goes to settlement on 9/12/2009
5- 11021 Second Avenue, a 3 bedroom,1 bath home on a 55x41 lot and listed at $789,000,goes to settlement 11/30/2009
6-280 109th street, a 4 bedroom,4 bath home on a 80x55 lot and listed for $1,495,000,goes to settlement 9/18/2009
7- 134 110th street, a 6 bedroom,4 bath home on a 66x100 lot and listed at $1,849,000 goes to settlement 8/21/2009
One single family home SOLD in Stone Harbor since August 3rd
207 92nd street, a 6 bedroom,4 bath home on a 60x110 lot listed for $2,395,000, SOLD on 8/12/2009 for $2,225,000 after 197 days on the market.
Stone Harbor NJ Condo Sale Activity August 3 to August 15,2009
There are currently 56 Stone Harbor condos currently for sale ranging in price from $229,900 for a 1 bedroom unit at 8305 Third Avenue up to $1, 299,000 for a 2 bedroom, 2.5 bath town home with pool at 13 93rd street.
Average asking price is $690,008
Average Days on the market - 337 days
Two Condos are now Under Contract in Stone Harbor
1-260 83rd street , a 4 bedroom,2 bath unit listed at $729,000,goes to settlement on 8/14/2009
2-10120 Third Avenue,an efficiency unit listed at $194,500,goes to settlement 9/15/2009
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
Interest rates continue to be in the 5% range for conforming loans. 6% for loans over $417,000 and just like the "old days", lenders want verification of income to qualify for the loan, and good credit.
If you are interested in purchasing a summer home, take advantage of the current market and send me an e-mail with your wish list. You'll be pleasantly surprised with the options available. There is something here now for everyone.
e~ mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell @ 609.425.7521
Please visit The Address For Luxury Real Estate and see Hundred of Stone Harbor and Avalon Rental & Sale Properties at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
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